This Is The Email That Warren Buffett Sent To CNBC Execs After A Reporter Made Two 'Major Errors'http://www.businessinsider.com/warren-buffett-email-to-cnbc-2012-12/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Fri, 09 Dec 2016 08:35:17 -0500Julia La Rochehttp://www.businessinsider.com/c/50cf515969bedda76f000002JanetMon, 17 Dec 2012 12:07:37 -0500http://www.businessinsider.com/c/50cf515969bedda76f000002
If you want to buy an ethical fund, then buy an ethical fund.
I buy Berkshire Hathaway precisely because it owns a bunch of monopolies --- from railroads to utilities to alcohol distributors. I buy Apple shares precisely because it now behaves exactly like Microsoft 20 years ago --- a giant monopoly that bosses everybody around. I buy Google because the don't be evil company has turned into a giant evil monopolistic company.http://www.businessinsider.com/c/50ce88f1eab8ea3617000005Al WalshSun, 16 Dec 2012 21:52:33 -0500http://www.businessinsider.com/c/50ce88f1eab8ea3617000005
The media doesn't care about facts. Facts are routinely ignored or twisted, and propaganda replaces journalism, They care about shock-entertainment value. Assailing Warren Buffet is "entertainment value".http://www.businessinsider.com/c/50ce754f6bb3f7452f00002bKevinSun, 16 Dec 2012 20:28:47 -0500http://www.businessinsider.com/c/50ce754f6bb3f7452f00002b
In the MSNBC response they also said this: "He highlighted a 1984 annual report... He's repeated that position, including in this year's annual letter to shareholders". So it sounds like business as usual to me.http://www.businessinsider.com/c/50ce52e7ecad047404000022nannnnnaSun, 16 Dec 2012 18:01:59 -0500http://www.businessinsider.com/c/50ce52e7ecad047404000022
Cj cant read and cant think.http://www.businessinsider.com/c/50ce52a4eab8ea451f00000dnaroSun, 16 Dec 2012 18:00:52 -0500http://www.businessinsider.com/c/50ce52a4eab8ea451f00000d
95% of what you hear on television is false and misleading especially the news. Newscasts and commercials are generally lies.http://www.businessinsider.com/c/50ce51e269bedd740a000025Brock LandersSun, 16 Dec 2012 17:57:38 -0500http://www.businessinsider.com/c/50ce51e269bedd740a000025
Getting past Kaminsky''s accent when he talks about the muahkets is a challenge, much like when Terranova adds an r to the end of most words that end in a vowel.http://www.businessinsider.com/c/50ce41be69beddc065000020JanetSun, 16 Dec 2012 16:48:46 -0500http://www.businessinsider.com/c/50ce41be69beddc065000020
Not only has Buffett CONSISTENTLY stated his opinion on stock buybacks, he has also CONSISTENTLY stated his opinion on the corollary (IPO's and secondary offerings). When Berkshire Hathaway started selling class B shares in 1996 --- Buffett specifically stated that BH shares were not cheap. A few months after the 1996 secondary offering, BH shares drop off like a cliff. The corollary has been written in simple clear English in the Berkshire Hathaway owner's manual for the last 15 years.
Buffett does stock buybacks when he thinks his company's share price is low and he does secondary offerings when he think that his company's share price is high.
Not that hard to understand.http://www.businessinsider.com/c/50ce0119ecad048671000002Jim Sun, 16 Dec 2012 12:12:57 -0500http://www.businessinsider.com/c/50ce0119ecad048671000002
Maybe Warren can buy a controlling share in Comcast, throw out management at all the related NBC networks and we can have another reasoned business voice in the media...http://www.businessinsider.com/c/50cdcca06bb3f7426e000032McBob79Sun, 16 Dec 2012 08:29:04 -0500http://www.businessinsider.com/c/50cdcca06bb3f7426e000032
Why is this posted on LinkedIn?http://www.businessinsider.com/c/50cdb81969bedd841f00001bDon AlvarezSun, 16 Dec 2012 07:01:29 -0500http://www.businessinsider.com/c/50cdb81969bedd841f00001b
Seems the analyst had a bone to pic from the beginning. But, this stuff is so esoteric at times we...the unwashed many of us, are so caught up in the thrall of legitimacy of these so called "analysts" that we believe their every utterance. But, this time it seems to be the utterance is nothing more than a petulant grunt.http://www.businessinsider.com/c/50cd9f9a6bb3f7b52100000fMarvThroneberry's dingleberrySun, 16 Dec 2012 05:16:58 -0500http://www.businessinsider.com/c/50cd9f9a6bb3f7b52100000f
Joe Kernan is defn the dumbest of the dumbshits.
What happened to ol' Dwight anyway? The IRS track his tax dodging rear down? We can only hope.http://www.businessinsider.com/c/50cd8b8d69bedda807000015Koshy SamuelSun, 16 Dec 2012 03:51:25 -0500http://www.businessinsider.com/c/50cd8b8d69bedda807000015
Follow a good Risk Identification Reporting - It is a good practice to fix the Economy to make it more successful in future.. Any issue that has potential to risks or damage please report to appropriate authorities..http://www.businessinsider.com/c/50cd3ad76bb3f78451000019dwightgoodensboytoySat, 15 Dec 2012 22:07:03 -0500http://www.businessinsider.com/c/50cd3ad76bb3f78451000019
Kaminsky is easily the worst guy on CNBC. Too aggressive, too confident, and too often, wrong. He needs to dial it back and realize that CNBC could do without him and not skip a beat.http://www.businessinsider.com/c/50ccd3fa6bb3f7850e000060chris hauserSat, 15 Dec 2012 14:48:10 -0500http://www.businessinsider.com/c/50ccd3fa6bb3f7850e000060
this is why kaminsky works for cnbc, and buffett for me.
a fair deal for berkshire, reduced the float by half a per cent, i'm guessing.
one buys back shares when one ADDS value, which i venture happens about ten per cent of the time in corporate america. but i digress.http://www.businessinsider.com/c/50cc70dfecad04047300000ejjjbSat, 15 Dec 2012 07:45:19 -0500http://www.businessinsider.com/c/50cc70dfecad04047300000e
And these are the expertshttp://www.businessinsider.com/c/50cbf0f669bedd5a4800000bGarbanzoFri, 14 Dec 2012 22:39:34 -0500http://www.businessinsider.com/c/50cbf0f669bedd5a4800000b
A vast majority of the business press are simply English, journalism and history majors who've never actually worked in business, or run or built anything. It's like talking about sex when you've only read books about it. And it shows. There are a few who actually pick it up after awhile, but they're the exceptions.http://www.businessinsider.com/c/50cbef49eab8ea617e00001fC.J.Fri, 14 Dec 2012 22:32:25 -0500http://www.businessinsider.com/c/50cbef49eab8ea617e00001f
I think you two "angry birds" need to RELAX.
Meanwhile, I'll HAPPILY keep dispensing my "shit" opinions.
Kiss, kiss.http://www.businessinsider.com/c/50cbeccbecad04437e00000btedzbearFri, 14 Dec 2012 22:21:47 -0500http://www.businessinsider.com/c/50cbeccbecad04437e00000b
The news sources don't bother to hire enoug fact checkers anymore. What happened to professionalism?http://www.businessinsider.com/c/50cbce6a6bb3f7b127000013BKFri, 14 Dec 2012 20:12:10 -0500http://www.businessinsider.com/c/50cbce6a6bb3f7b127000013
"He's repeated that position, including in this year's annual letter to shareholders."
Methinks you can't read for shit...http://www.businessinsider.com/c/50cbb6f469beddc748000001thebigciceroFri, 14 Dec 2012 18:32:04 -0500http://www.businessinsider.com/c/50cbb6f469beddc748000001
Why do people like you love being haters? Go look up all the things he has written about buybacks and come back with an insightful comment. Or grab a corp finance book and see what Buffett is talking about. If you want to criticize him, find something legit.http://www.businessinsider.com/c/50cbac01eab8ea806f000014Gary AndersonFri, 14 Dec 2012 17:45:21 -0500http://www.businessinsider.com/c/50cbac01eab8ea806f000014
Testosterone gone wild. And I am not talking about Buffett.
CNBC is a glass half full kind of network. They are all about restoring confidence, which, btw, Will Rogers blasted in the last Great Depression.http://www.businessinsider.com/c/50cbaabdecad046f05000001DesTexFri, 14 Dec 2012 17:39:57 -0500http://www.businessinsider.com/c/50cbaabdecad046f05000001
This is called being "BBB" - Bitchslapped By Buffet.
I love it. How the CNBS hacks always parrot the GOP line and try to make Buffet look hypocritical but the always end up with egg on their face.
It is because if there is a match between blind ideologist morons and a smart, meticulous person, the later always wins. Always!!! Keep this in mind, you fools at CNBC (or CNBS).
Hey CNBC, why dont you get Jack Welch to discuss this? :-))http://www.businessinsider.com/c/50cb9816eab8ea1446000006Booty JuiceFri, 14 Dec 2012 16:20:22 -0500http://www.businessinsider.com/c/50cb9816eab8ea1446000006
He's been stating his buy back position since 1984, including this last year. The entire issue was known as a red herring to anyone with two brain cells to rub together.
In the modern era of zero fact checking, Zero Hedge, BI, etc. etc. etc. this happens daily.http://www.businessinsider.com/c/50cb929aecad04465200001aC.J.Fri, 14 Dec 2012 15:56:58 -0500http://www.businessinsider.com/c/50cb929aecad04465200001a
Buffet cites a 1984 annual report ?
Talk about grasping at straws.
Methinks he doth protest too much.http://www.businessinsider.com/c/50cb8ddb6bb3f71735000002klzsdfgjn Fri, 14 Dec 2012 15:36:43 -0500http://www.businessinsider.com/c/50cb8ddb6bb3f71735000002
CNN just tourched the wrong guy as a child killer. He should probably write a letter too.
<a href="http://www.businessinsider.com/the-wrong-ryan-lanza-pictured-on-cbs-2012-12" target="_blank" rel="nofollow" >http://www.businessinsider.com/the-wrong-ryan-lanza-pictured-on-cbs-2012-12</a>http://www.businessinsider.com/c/50cb838f6bb3f7581d000018KABOOM.Fri, 14 Dec 2012 14:52:47 -0500http://www.businessinsider.com/c/50cb838f6bb3f7581d000018
Dayum.http://www.businessinsider.com/c/50cb825f6bb3f7711d000005thebigciceroFri, 14 Dec 2012 14:47:43 -0500http://www.businessinsider.com/c/50cb825f6bb3f7711d000005
I meant to as that maybe they DON'T believe their audience is mostly intelligent.http://www.businessinsider.com/c/50cb82026bb3f7541d000005thebigciceroFri, 14 Dec 2012 14:46:10 -0500http://www.businessinsider.com/c/50cb82026bb3f7541d000005
The financial press in general, and CNBC more specifically, makes tons of errors everyday in reporting. Maybe because they believe their audience is actually intelligent, they say things on air that simply aren't true with little reflection or thinking. (In still-honest places in the world, those are called "lies"). It's ridiculous that Buffett has to write in to correct such behavior, and it's all the more ridiculous because countless viewers could have said the same thing. The press is a mess, and think about how many other things they are "inaccurate" about that mislead people and society at large. Once upon a time they had a responsibility to report the truth, with some fact checking, and now there appears to be little restraint in what most press outlets say!http://www.businessinsider.com/c/50cb815c6bb3f7191b000008sugarkangFri, 14 Dec 2012 14:43:24 -0500http://www.businessinsider.com/c/50cb815c6bb3f7191b000008
Boom. Headshot.